Cloud Stocks: Oracle Partners with Cohere for Generative AI

Oracle (NYSE: ORCL) recently reported its fourth-quarter results that managed to surpass the market’s expectations. Like all other technology players today, Oracle is also gearing up its product offerings to address the growing demand for AI-capable solutions.

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Cisco Leverages Generative AI Capabilities Across its Portfolio

Global networking solutions provider Cisco (Nasdaq: CSCO) recently announced its second quarter results that outpaced market expectations. Cisco continues to focus on providing solutions for the hybrid workspace and leveraging generative AI capabilities into its existing offerings portfolio.

Cloud Stocks: Okta Amps up Product Offerings

According to a recent report, the global identity and access management (IAM) market $15.93 billion in 2022 and is projected to grow at 13% CAGR from $15.93 billion in 2022 to 2030. Recently, Okta (NASDAQ: OKTA) reported its second quarter results that outpaced market expectations.

Cloud Stocks: Adobe Builds on Firefly Generative AI

Adobe (NASDAQ: ADBE) recently reported its second quarter results that outpaced market expectations. Last quarter, it launched its generative AI tool called Adobe Firefly. Adobe continued to expand its AI capabilities by making Firefly a part of its other offerings.

Cloud Stocks: DocuSign Focuses on the Healthcare Sector

Digital signature player DocuSign (Nasdaq: DOCU) recently announced its first quarter results that surpassed market expectations. Earlier this year, DocuSign had announced plans to accelerate its product release and focus on profitability. The recent quarterly results revealed a profitable quarter.

Cloud Stocks: NVIDIA Cashes in on AI Growth

According to recent reports, generative artificial intelligence (AI) technology is expected to grow at 58% CAGR to reach $36 billion by 2028 from $3.7 billion this year. NVIDIA (Nasdaq: NVDA) is cashing in on this by expanding its computing offerings to cater to the growing demand.

Cloud Stocks: Veeva Steps Up Its Consulting Engine

Veeva (NYSE: VEEV) recently reported its first quarter results that continued to surpass all market expectations. The market was pleased with its performance, and the stock rallied 7% in the after-hours trading session.

Cloud Stocks: Zscaler adds AI Capabilities to Cyber Security

Cloud security provider Zscaler (NASDAQ: ZS) recently reported its quarterly performance that outpaced market expectations. The company is leveraging AI technology to expand its product offerings and drive growth.

Salesforce Keeps AI Under Control

Salesforce (NYSE: CRM) recently announced its first quarter results that continued to surpass market expectations. Salesforce is seeing the impact of economic pressures as well. Its clients are looking carefully at deals, which is impacting its sales cycle. Despite that, Salesforce remains optimistic about its outlook.

Cloud Stocks: Workday Leverages AI in its Acquisitions

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its first quarter results that surpassed the market expectations. The company continues to expand offerings to diversify its reach within the organization.